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Now that the White House has shot down Broadcom's hostile bid for Qualcomm, Broadcom and Intel might both eye new targets. Albeit for pretty different reasons.
And in the heart of the order lies the semiconductor industry. Nothing happens without these guys.
The iPhone maker plans to repatriate nearly all of its offshore cash, and much of it will likely go towards dividends and buybacks. It might not be long before other tech giants make similar announcements.
Another firm has come out saying that demand for Apple's $1,000 iPhone X has been weak. The news sent Apple supplier stocks down on Tuesday.